(Bloomberg) – Startup Together AI, which offers users access to artificial intelligence computing, has raised $ 305 million from investors in deal under the leadership of General Catalyst, which brings the valuation of the company to $ 3.3 billion – a signal that The demand for company for AI is still strong.
Most of them read from Bloomberg
Saudi Arabia’s Prosperity7 Ventures, including Salesforce Ventures, Nvidia Corp., smaller Perkins, Emergence Capital, Lux Capital, Coatue Management and other investors.
Together with AI’s platform, developers have access to Open Source AI models and the computing power needed to build AI applications. “We offer a very end-to-end service,” said Chief Executive Officer Vipul Ved Prakash. “This includes data centers and computer clusters from Nvidia and the software layers and platform services.” The result enables customers of Samen to “get to work very quickly,” he said.
As the demand for AI grows in the business world, AI sees rapid growth together, the company said. The startup recently surpassed $ 100 million in income from an annual basis, a jump of the $ 30 million in annual income that it had in February 2024, according to a person who was familiar with the case asked for not being identified about discussing private -information.
The information previously reported some details of the new financing.
Customers can use more than 200 Open Source models via the AI platform, including Llama from Meta Platforms Inc. And that of the Chinese AI Startup Deepseek. Open Source AI models are the key to innovation, so the company wants to offer access to as much as possible, said Prakash.
“We really believe that this technology must be developed transparently. This is really a fundamental tool for humanity, “he said in a television interview in Bloomberg.
Nvidia is both an investor and a partner for Together AI, who has built his service on Nvidia hardware, said Prakash. The startup plans to implement NVIDIA’s Blackwell GPUs in its data centers.
Together the last appreciation of AI is an important leap of the appreciation of $ 1.25 billion in March 2024. Prakash said that the company is planning to partially use the new financing to double his workforce of 160 against the end of 2025 .
(Updates investors list in the second paragraph and add quotes from the TV interview in section six.)